Reuters logo
FOREX-Dollar adds losses after weak U.S. retail sales data
March 12, 2015 / 12:46 PM / 3 years ago

FOREX-Dollar adds losses after weak U.S. retail sales data

NEW YORK, March 12 (Reuters) - The dollar extended its decline in early U.S. trading on Thursday as a surprise drop in U.S. retail sales in February reduced expectations the Federal Reserve would raise interest rates this summer.

An index on the value of the greenback against a basket of currencies was last down 1 percent at 98.804. It hit a 12-year high in overnight trading at 100.060. (Reporting by Richard Leong)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below